Argentine Crops The needed rains did not arrive in the northern area of Argentina, where the present lack of moisture remains critical. The expected storm also skipped Cordoba province where drought is affecting the winter crops and will probably soon delay the seeding of the summer crops.The market is expecting that about 10 percent of the wheat area could be negatively affected, although it is still too early to know the final outcome on production. Fortunately, all of Buenos Aires province did receive a little rain because this is where the largest wheat volume originates; about 45 percent of Argentina's total wheat is seeded in Buenos Aires province.The soil moisture over the core corn area, west of Buenos Aires, Sante Fe and Cordo...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.